Avanti Communications Group (LSE:AVN) Interest Expense: £-62.34 Mil (TTM As of Jun. 2020)


What is Avanti Communications Group Interest Expense?

Avanti Communications Group LSE:AVN -87.07% Interest Expense is £-62.34 Mil as of Jun. 2020. The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avanti Communications Group's interest expense for the six months ended in Jun. 2020 was £ -32.20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was £-62.34 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Avanti Communications Group's Operating Income for the six months ended in Jun. 2020 was £ -22.61 Mil. Avanti Communications Group's Interest Expense for the six months ended in Jun. 2020 was £ -32.20 Mil. Avanti Communications Group did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Avanti Communications Group  (LSE:AVN) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Avanti Communications Group's Interest Expense for the six months ended in Jun. 2020 was £-32.20 Mil. Its Operating Income for the six months ended in Jun. 2020 was £-22.61 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2020 was £377.93 Mil.

Avanti Communications Group's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Avanti Communications Group did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Avanti Communications Group Interest Expense Historical Data

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The historical data trend for Avanti Communications Group's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Avanti Communications Group Interest Expense Chart

Avanti Communications Group Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.87 -25.36 -28.79 -55.45 -54.78

Avanti Communications Group Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Jun19 Dec19 Jun20
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -39.84 -33.39 -25.49 -30.14 -32.20

Avanti Communications Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-62.34 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of £-62.34 Mil mean?
Avanti Communications Group (LSE:AVN) has a Interest Expense of £-62.34 Mil as of Jun. 2020. Interest Expense is the amount a company pays on its long-term debt. View historical data on Avanti Communications Group and its competitors.
Is Avanti Communications Group's Interest Expense too high?
Avanti Communications Group's current Interest Expense is £-62.34 Mil.
How does Avanti Communications Group's Interest Expense compare to FNGR and FTRCQ?
Avanti Communications Group's Interest Expense of £-62.34 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Telecommunication Services company?
A good Interest Expense depends on the Telecommunication Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Avanti Communications Group and its competitors. Avanti Communications Group's current Interest Expense is £-62.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avanti Communications Group stock overvalued right now?
Avanti Communications Group (LSE:AVN) has a current Interest Expense of £-62.34 Mil. The current Interest Expense is £-62.34 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Avanti Communications Group (LSE:AVN), the current Interest Expense is £-62.34 Mil as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avanti Communications Group Business Description

Address 20 Black Friars Lane, Cobham House, London, GBR, EC4V 6EB
Avanti Communications Group PLC sells managed satellite data communications products to service providers on a wholesale basis. It uses the high-frequency Ka-band spectrum. The company's operating segments include Bandwidth and services, and Equipment. Its network can provide download speeds of up to 380Mbps. The company generates its revenues from the utilisation of its space assets, namely its spectrum rights and satellites. These assets include its spectrum rights, satellites, intellectual property, and ground station assets. It serves customers across Europe, the Middle East, and Africa.